Fluor & NuScale Power Poised for UAMPS Carbon Free Power Project
Fluor Corporation announced that Utah Associated Municipal Power Systems was awarded a funding vehicle that could provide up to USD 1.355 billion by the US Department of Energy for NuScale Power’s first prospective small modular nuclear reactor project. Fluor is poised to assist UAMPS and NuScale in bringing the world’s first clean energy, carbon-free SMR project to commercialization. Fluor and NuScale are working with UAMPS in the development of the Carbon Free Power Project, a 720-megawatt plant in Idaho using 12 NuScale SMRs, which once completed, will provide reliable, cost competitive, base load, carbon-free electricity to UAMPS member participants.
Also, with the US International Development Finance Corporation’s recent approval for potentially financing global carbon-free nuclear energy projects, both Fluor and NuScale’s global footprint and expertise is vital for countries needing new carbon-free base load energy. In addition to the UAMPS project, potential opportunities include stakeholders in the United Kingdom, Canada, central and eastern Europe, southeast and central Asia, Africa and the Middle East. Over the past two years, NuScale has initiated memoranda of understanding with several domestic and international entities to explore the potential deployment of NuScale carbon-free small modular reactor power plants.
In addition to previously announced strategic partners and investors in NuScale, both Fluor and NuScale continue to engage with potential customers, capital investors, manufacturers and other supply chain partners for NuScale SMR deployment efforts.
Source : STRATEGIC RESEARCH INSTITUTE